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RedneckInvestor

12/04/05 4:07 PM

#488 RE: Telephonics #487

Nobody has to make a market for any stock. This can all now be done electronically through pure supply and demand.

bartermania

12/04/05 6:33 PM

#490 RE: Telephonics #487

Ok...friend. You can keep your opinions about shorting. I don't hold or support 'em.

As for a co. "making the market for their stock"...I believe the technology exists to do this with software programs for one thing (without middle men/intermediaries or any systemic insiders) . It is the extreme lack of control over what happens to a company's stock when it becomes publicly traded that I am completely against. Like knowing how many shares are short, naked short, the actual UNMANIPULATED market value/demand or non-demand for the shares and so on. [As I have said before, and I will now say again: It is the companies themselves and their shareholders who should have/and MUST HAVE THE CONTROL OVER THEIR SHARES/STOCK AND THE COMPANY...AND NO ONE ELSE. These are the people who are also most likely to have the best interests of the company in the fore.]

I expect lots of folks to disagree with me...because, lots of folks have a vested interest in seeing the present rigged system continue. I say the present system sucks!!! It's high tech and fun to watch in some perverse ways...but, it is also by design and given it's results...very corrupt and destructive.

I am patient to a degree. But, I do have my limits.

Do you think Market Makers are needed? Do you think they are in a position...via law and extra knowledge...to cheat and game the system and in so doing, screw regular investors/traders? I do.

I hold them in contempt, right along with shorting. I see no need for either one. In fact, both (along with much of the rest of the structure of the current US stock market system) have, through their past actions and uses/MISUSES, proven to me that they must be replaced. Hence, the need for solutions...and the solutions exist. If, one thinks about it and seeks to find them.